Can This Home Improvement Giant Spruce Up Your Portfolio?
In its fiscal second quarter, which ended Aug. 1, Home Depot (NYSE: HD) generated record sales of $41.1 billion. Although the percentage gain was much lower than the previous four quarters, it was still an 8.1% year-over-year increase. The pandemic surge in home improvement spending still has legs.
Home Depot has historically been a great stock to own, so you might be wondering if the outperformance will continue in the years ahead. This industry leader reports fresh financial results on Nov. 16, giving shareholders new information to make a more informed investment decision.
Here's what you need to know.
Source Fool.com
